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Wed May 23, 2012, 01:20 GMT +3
Home More news list Glamox to close plant in Norway, shift production to Estonia

Glamox to close plant in Norway, shift production to Estonia

BNS - The Norwegian industrial group Glamox is about to shut down one of its four plants in Norway and relocate production into the Keila, Estonia-based light fittings producer Glamox HE, the business daily Aripaev reports.

The facility in Keila will create 15 new jobs and the production volume is estimated to grow by a third.

Glamox produces and markets professional lighting solutions. Its subsidiary Glamox HE was founded in 1992. Last year the company netted 37.1 million kroons (EUR 2.4 mln) on sales of 270.6 million kroons. The Keila-based plant employs 100 people at present.

(EUR 1 = EEK 15.65)

Last Updated on Tuesday, 29 September 2009 07:55
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